Daily Archives: December 1, 2018

Centre to invite 23GW solar and transmission project in Leh region

The BJP-led Centre is reviving mega solar power project in Leh and Ladakh with a plan to set up 23 GW of grid-connected solar power projects. The government would tender mega size solar projects to be built by private developers along with transmission network running up to Punjab. Earlier the UPA-II government tried setting up

Oil falls, set for more than 20 percent loss in November amid swelling stocks

Oil prices fell further on Friday as swelling inventories depressed sentiment despite widespread expectations that the Organization of the Petroleum Exporting Countries (OPEC) and Russia would agree some form of production cut next week. The two global oil benchmarks, North Sea Brent and U.S. crude, have had their weakest month for more than 10 years

Growing demand seen leading to power shortage in 4 years: Analysts

The gamut of steps to improve electricity access might lead to a supply shortage scenario after FY23, warranting ‘an immediate need to restart the capex cycle in generation’, according to analysts. “Our existing capacity and pipeline can at best meet projected peak demand till FY23, post which we will start running peak deficit,” ICICI Securities